I agree with nearly everything that the author says. His arguments against the economic effectiveness of government subsidies and intervention in the markets appeal to my libertarian streak and it is well known that many (most?) of the government programs are economically counterproductive. Some are downright silly. One of the most ridiculous, primarily because it went all the way to the United States Supreme Court, is the...
0Report
Check out Dr Trixie above. Then read the book--after you buy it. Then check out the rest of the works of Fridson, as clear a writer on finance and political economy as there is. Blessed with ironic detachment from and a forgiving heart for the stupid and greedy who make our policies and populate our markets.
0Report
Great text from Fridson - a must-read for anyone with any interest in the inner workings of the U.S. government's involvement in economy. Fridson exposes inefficiencies all over the place without sparing either side of the aisle. The writing is well-versed, but at the same time extremely easy to follow.
0Report
Citizens, rejoice! Marty Fridson, the D'Artagnan of finance, is back with his sharp and delicate sword, this time taking on the world of subsidy. Fridson is the eminently readable writer, historian, and Wall Street financial whiz whose books "It Was A Very Good Year" and "How To Be A Billionaire" offer wicked glimpses into the world of wealth accumulation, happily skewering the institutions from which all our rich fantasies...
0Report
Fridson is amazing. The research here is exhaustive, but at the same time highly accessible and enlightening. Fridson quotes everyone from classical economists such as Ricardo to contemporary politicians in showing how unwarranted intrusions by the government into our lives invariably makes us much worse off. For those who love to debate, this book is a must. Fridson uncovers the various myths about Ethanol, payola, and...
0Report